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2904 - 2906 N MARKET ST Wilmington, DE 19802

1,750 SqFt

UPDATED:

09/24/2024 04:07 AM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 1,750 sqft

Price per Sqft $514

MLS Listing ID DENC2065714

Originating Board BRIGHT

Year Built 1906

Annual Tax Amount $2,795

Tax Year 2022

Lot Size 2,178 Sqft

Acres 0.05

Lot Dimensions 18.90 x 131.00

Property Description

Welcome to an unparalleled investment opportunity on a major thoroughfare in the City of Wilmington, featuring two side-by-side buildings with immense potential. Building 1 houses an actively licensed liquor store on the ground level, with a 3-bedroom, 1-bathroom apartment above. The included liquor license likely provides market exclusivity within a half-mile radius, offering a stable income stream and deterring competition. Building 2 is comprised of three units: an unfinished commercial space and an efficiency unit on the first floor, with a 3-bed, 1-bath unit on the second floor. Both buildings require significant rehabilitation, making them perfect for a savvy investor looking to add value. Located in a prime urban setting, these properties offer diverse rental and commercial opportunities, enhanced by Wilmington's ongoing development. Don't miss this rare chance to secure a key piece of Wilmington's real estate market and capitalize on its growth potential. Schedule your tour today!

Both Parcels - 26-022.20-440 & 26-022.20-439 are included in the sale.

Location

State DE

County New Castle

Area Wilmington (30906)

Zoning 26C-1

Interior

Hot Water None

Heating Baseboard - Electric

Cooling Window Unit(s)

Inclusions Refrigerators

Heat Source Electric

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type On Street

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Brandywine

Others

Tax ID 26-022.20-439

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

Listed by Anthony Thomas Letizia • VRA Realty

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2904 - 2906 N MARKET ST Wilmington, DE 19802

Key Details

Location

Interior

Exterior

Building

Schools

Others

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2904 - 2906 N MARKET ST